Allegheny TechnologiesStock Getting Very Oversold
July 30, 2014 at 12:03 PM EDT
In trading on Wednesday, shares of Allegheny Technologies, Inc (ATI) entered into oversold territory, changing hands as low as $39.91 per share. We define oversold territory using the Relative Strength Index, or RSI, which is a technical analysis indicator used to measure momentum on a scale of zero to 100..